Fitness, nutrition programs company RivalHealth raises $3M
Finally, analysts at Zacks downgraded shares of Mead Johnson Nutrition from a neutral rating to an underperform rating in a research note to investors on Tuesday, July 16th. They now have a $71.90 price target on the stock. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the companys stock. The company has an average rating of Hold and an average price target of $80.24. Mead Johnson Nutrition has a one year low of $61.27 and a one year high of $86.87.
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Fitness and nutrition programs company RivalHealth has raised $3 million it plans to use for enhancing its product offerings and expanding its sales force. Fulcrum Equity Partners led the round of investment in the Raleigh company, with participation from WRD Capital and other unnamed investors. RivalHealth offers preventative health programs to corporations, schools and organizations. The companys main offering is Rival Fusion, a subscription service available over the web and on DVD that emphasizes weight management and fitness through exercise and nutrition. RivalHealth employs a patent-pending measuring system that works without daily journaling or activity-based tracking. RivalHealth was founded in 2010.
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